Daily Metal Prices (February 02, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 27Jan. 26Jan. 23Jan. 22Jan. 21Al Alloy1497/152…
Articles by Northern Miner Staff
Rio Tinto vs. AIDS
London-based Rio Tinto has developed and implemented a global HIV-AIDS strategy in response to the social and economic issues related to the life-threatening disease.About 40 million people worldwide …
Celtic explores Malaumanda project
Drill crews are testing along strike and downdip of a recently discovered zone of mineralization on Celtic Minerals’ (CME-V) Lodon Tops prospect, part of the Malaumanda project in Papua New Guinea.The…
IMC, Cargill create titan
The largest deal over the report period ending Jan. 27 was the announcement of a merger between Illinois-based fertilizer giant IMC Global and the fertilizer division of the secretive agri-business co…
Revised numbers pave way for new study at Chapada
Revised resource and preliminary reserve estimates for the Chapada copper-gold project in Brazil’s Goias state will provide the basis for a new feasibility study planned by Yamana Gold (YRI-T).The rev…
Junior exchange takes breather
Vancouver — Canada’s junior exchange tacked on a few points during the report period ended Jan. 27. The S&P-TSX Venture Exchange composite index closed at 1799.72, up 4.46 points, or 0.25%.EuroZinc M…
Northern Dynasty expands Pebble
Resources at Northern Dynasty Minerals’ () Pebble gold-copper project, 380 km southwest of Anchorage, Alaska, have swelled following 19,948 metres of drilling in 59 holes.Norwest Corp., an independent…
Mustang drills nickel
Vancouver — Drilling by Mustang Minerals (MUM-V) has resulted in the discovery of nickel mineralization at the Bannockburn project, 100 km southeast of Timmins, Ont.Nine drill holes tested 120 metres…
Gold dips, producers trip, yet again
No thanks to resource issues, the S&P-TSX composite index slipped 35.47 points over the Jan. 21-27 report period, finishing the week at 8,588.15.Precious metals had a generally bad week, and so it was…
Jaguar Mining consolidates Quadrilatero Ferrifero
Belo Horizonte, Brazil — Rarely does a newly listed junior gold company come with 2.5 million oz. already in the ground and an operating team experienced enough to advance them to production.Yet that…
Anglo eyes Cardero ground in Mexico
Vancouver — Cardero Resources (CDU-V) and its joint-venture partner, Anglo American (AAUK-Q), have identified several anomalies following an airborne geophysical survey over their 50,000-sq.-km Alisi…
Anooraq lines up PGM partner in South Africa
Anooraq Resources (ARQ-V) intends to merge its platinum group metal projects in South Africa with those of black empowerment company Pelawan Investments.In return for 91.2 million shares plus $1.7 mil…